Amends the Internal Revenue Code to provide that individuals who provide adult family foster care may elect to exclude from gross income any amounts received for such care. Limits such exclusion to amounts received for the care of up to ten qualified adults.
Defines a "qualified adult" as any individual who: (1) has attained age 18; and (2) has been placed in an adult family home by a State or local agency or by a tax-exempt organization licensed as an adult family care-placing agency.
Introduced in House
Introduced in House
Referred to House Committee on Ways and Means.
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